AI Is Driving Profits Higher, but It's Not the Whole Story (ft. Nasdaq Chief Economist)

The Rundown
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2 Video Views·Oct 20, 2026
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Video Summary
AI GeneratedThis video features an interview with Phil Mackingcher, Nasdaq's Chief Economist, discussing the current stability of the stock market, the impact of AI, and the dynamics of the IPO market. They explore how AI is driving growth through data center expansion and chip demand, while also analyzing the challenges posed by interest rates and inflation.
Welcome to the RunDown Interview Edition
Today I am speaking with Phil Mckinney, the chief economist of Nastak.
In this conversation with Phil, we have discussed
Why has the stock market remained so stable?
What does the data say about income inequality?
What's happening in the IPO market outside of big names?
It was a wonderful conversation, and we had it
I recorded at Nasca Studio in Times Square.
In my mind
Either you all
Enjoy it
You will do it, that's right
Come on, let's begin
Do it
Oil price per barrel
Over a hundred dollars from me
It seems like many are like this
I'm also into the stock market these days.
What is the situation?
We were amazed to see that.
Stock Market: An Axiomatic Case Study
Because it is not just about Nastak Exo.
Jodio is doing a great job with those companies.
You said the name of the jam.
That one
Index
T Vishyer
Foodstuff
Best
Index
I think many have assumed J. Ayer
It is from these companies that the bulk of the rice comes.
Yes, Topso AI
If I say the word "company,"
We are seeing that AI
The company's maximum
Due to the drought
This index may be somewhat
But if there is a message in the bar,
Some economists say
If you think so, then that's it.
It will rain so heavily that
On behalf of these companies
Some electronics
The price of paddy is rising steadily.
Yes, the default rate is somewhat
Barano jukti jukto, kintu
In the field of AI
Our Housing Market
Very slowly, for the reason
When Sumai of Covirer
Interest rate of Shude
It was very quiet then, quite still.
Their motage refine
About irrigation, you
A good point
Have pointed out
I am one of them, who in 2020 was two decimal
No, no, I couldn't have obtained the pure, genuine 90% at all.
Sonalie
To take hold of
Perhaps
Never
Narachara
To do
I can't
You've seen that small-cap companies have fewer shuders.
It had begun to refinance even more heavily.
You've seen how their shuders' kharoj has decreased.
It was attached to J.
The salary structure is quite similar to Savabi.
Khowe Aash was there and
I am doing it for the companies.
The inspector became somewhat easier.
You said "Jaman."
These companies are just scams.
Stay in court, because they
The economic situation that is being observed
That's a 50-pounder.
3 trillion dollars.
An economist by profession
You when 1 trillion
The dollar's value has declined.
Cyg, and 3 trillion
Dollar production
It will be deducted from their salary check, every time
It is automatically deposited every two weeks.
And you
You know, mine
Woman
401-Ke Tae
By itself
Who is it?
Kothin
Jara
Their
At the company
Taka
Apply
Wants.
World Federation of
A governance of exchange
As seen in the tree, if you are the market's capital,
The market snake can bite more than once.
But you are an economist?
It is happening, and as the economy grows, everyone is benefiting.
And this causes a severe itch in the scalp, which is very irritating.
Hi, hi, especially
For companies, in particular
For the companies' sake,
I know the rate of interest is high.
But in a general way
I want to illuminate it. It was very powerful.
This year's IPO market was quite attractive.
Everyone,
At the beginning of this year, we
I've seen SpaceX's IPO.
It was huge and rectangular.
Breakfast. However, some companies
They have moved past their IPO. That's why.
Therefore, many private companies are becoming mature and want to go public.
So then us
Behind
A good one
pipeline
You have become
Waiting to be cut open
If the price of oil goes up, then the economy will suffer.
Hold on, the ash of tomorrow
When the war in Iran finally ended
But the currency is fit for use.
That is, a small company
Those are public
I want to go to the market slowly.
What is their purpose?
Is there a shortage of capital?
A little bit of kitchen
Stack, but then
Counter in the market
It has affected
I think so
Taina, we've been going nonstop
8 Edge
Come on, income
Two-digit
Progressive
I'll check it out.
Eighty percent of the reason is that you now know a revolution is underway.
AI has proven in a year that J can do many things very quickly.
So everyone has started using it, and we
I am providing ortho payment for inference
It is necessary to complete the work at the Arta data centers.
Data centers are huge due to this.
So thousands and thousands of chips
Need to buy
And for that reason, the chip
Preparation for the ceremony
Purjapt Chip Toiri
Cannot do it
The ordinary bubble
Don't be like that.
But when it comes to the bubble
There is no discussion.
At once I somewhat
I am worried.
I think we're in the 97th tech bubble
I am going toward the direction of Shaler's Parjai, where there are many
Nothing was left to be settled then.
Intarsnu, Akrosniy
The subject will be then, when the data
The centers are all yours.
We all go there
I will use it, then I will
Compared to him, this one is definitely much more of a scoundrel.
And when you look at companies like Netflix, you'll see
Anger on the Internet
Their existence
It wasn't because of the video
Without streaming, they are
There was no way to proceed.
It wasn't there because back then there were no smartphones.
It wasn't there anymore, and now they are 50.
Billion-dollar billion-dollar
Company, then AI Native
Could the companies be the ones to suffer?
Amazon
Mythoscria
And the news
Type of power
政权
Has given in exchange
That's right, two thousand
The rate of suicides after the year 2008
He went there and left.
More than a decade has passed
It was less before, now we no longer
Interest
Har
Today's
Compared to
Many
It was less.
I don't think so.
Never have I received an answer to this century.
Fait Fait's currency
Why is the Fitri Eid amount only two?
What is behind the percentage?
Awaiting, thus
Companies are bankrupt
Can sell
No and economics
Fall into the clutches of despair.
Daran, but two percent
Lakhos Matar
Why is this J. A. Eck?
Sataṃśo lakkhō mātrā
Very few for Fed's sake
Because the interest rate is so extremely high that people are buying bonds just for the interest.
Hi
I'm talking about Brazil. I went there last year.
Talk with many companies
Said and they are saying
Collecting money
Sutti is the reason because of people
The seventh son of the Bond family
You are the number one in Chrome.
Could you please tell me more details about this?
And why?
This
Share
of the market
John
Salty
Mullah is a man, so when
This is for the sake of the money, O money.
Hopes of a rebound in the stock market then
This is a good mullah.
They drink and they drink even more
So much lending is not good.
I mean, those are small companies.
So, even if
They are lent there.
Tobu, those are ENVY.
Pishata Jo Ukti,
For the companies of Jasi
Kothin Jara Muldhon
I want to collect it, him
I want to stay and I want to grow up.
Who are you?
Or,
That one too
A small one
Private
The company was.
Share your feedback with us
We are directly attempting to count the number of branches.
So come with us to Ethakun
Our talk, gold, watching videos, and comments
Thank you once again, 등
These folks, for the sake of hope on the podcast, come to the studio
Thank you so much, Nastik, for giving us the opportunity to participate.
And of course, many thanks to Mike for all his hard work.
See you all again in百分之.
